Increased Share Dump For Eaagads
A worrying performance today at the Nairobi Securities Exchange as general movement showed loss of portfolio value for the All-share index. The index closed at 92.36 points, a drop from yesterday’s points by 0.26. Local investors on the general lost a few shillings on most of the stocks. The 20-share…
Standard Chartered Raises 5 Billion More than Sought
Standard Chartered had sought to raise 3.2 billion shillings in the rights issue but has raised 8.3 billion. The bank's rights issue was oversubscribed by 158.4 percent similar to the one in 2010 which raised 4 billion shillings against a a targeted 2.5 billion shillings.
What Next for the Eaagad Stock Price?
“The NSE endeavours to build on its existing suite if products and services in order to meet the evolving needs of our domestic and international investors” – Mr.Bob Karina, Vice Chairman of the Nairobi Securities Exchange. There was yet another dip yesterday at the Nairobi Securities Exchange as the…
Locals Shed Eaagads Shares Prior To Dividend Payout
Performance in the Nairobi Securities Exchange was wanting today, with both major indices showing decreased performance. The 20-Share Index closed at 4152.11, down 7.62 points from Friday. The All-share index followed suite closing at 92.913, down 0.03 points from Friday. This is the second time in a fortnight that both…
Portland Cement Records Nearly 20% Increase In Two Days
Yesterday the performance at the bourse dipped as both major indices recorded wanting results from the day’s trading. The 20-Share Index closed at 4152.11 and the All-share index followed suite closing at 92.913. East African Portland Cement – It is the smallest of the three listed building material…
Safaricom Shareholders in For a Shock.
“We are relieved to have recovered from the damaging price wars. We are now focusing on customer growth” – Bob Collymore, Safaricom CEO. The company’s shareholders are in for a shock as Safaricom shares may not yield the dividends many are hoping it will. The 94% increase in net income…
British American: Good For Insurance, Bad For Tobacco
Performance in the Nairobi Securities Exchange was wanting today, with both major indices showing decreased performance. The 20-Share Index closed at 4152.11, down 7.62 points from Friday. The All-share index followed suite closing at 92.913, down 0.03 points from Friday. This is the second time in a fortnight that both…
Could Shares Have Made you Money This Year?
With 50,000 shillings, just how much would have made from the stock market from late last year? We play out this scenario using a selection of shares.
Of British(American) Stocks
Last Friday, the performance at the bourse perked up with both major indices recording increased operation. The 20-share index closed at 4159.73 and the All-share at 92.94 points. Our focus today shall be on British-American Tobacco (BAT Kenya) and British-American Investments (Britam)….no relation. British American Tobacco – It’s been barely two…
Safaricom Shares Up Again, Same To Kenya Airways?
Performance in the Nairobi Securities Exchange took another leap forward today. The 20-Share Index closed at 4159.73, up 10.94 points from yesterday. The All-share index followed suite closing at 92.94, up 1.11 point from yesterday. HIGHEST VOLUMES Safaricom was the highest performer with a stunning 7.98 million…
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